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Enel S.p.A.

 
Hoover's Profile: Enel S.p.A.
(Pink Sheets:ENLAY) (Italian:ENEL)
Contact Information
Enel S.p.A.
Viale Regina Margherita, 137
00198 Rome, Italy
Tel. +39-06-8305-1
Fax +39-06-8305-3771

Type: Public
On the web: http://www.enel.it
Employees: 75,027
Employee growth: 2.1%

Arrivederci, monopolio! Italy's largest electric utility, Enel, has given up its monopoly status and raced into the deregulated global power marketplace. Enel distributes electricity and gas to about 52 million customers in 21 countries and has some 83,000 MW of primarily fossil-fueled and hydroelectric generating capacity. Enel owns gas distribution businesses (2.5 million customers in Italy) and it has renewable and international power generation assets. The company owns more than 92% of major Spanish power player Endesa. The Italian government owns about a third of Enel.

Key numbers for fiscal year ending December, 2008:
Sales: $86,238.9M
One year growth: 34.2%
Net income: $8,504.9M
Income growth: 37.2%

Officers:
Chairman: Piero Gnudi
CEO, General Manager, and Director: Fulvio Conti
Head, Business Development, Merger and Acquisitions Unit, International Affairs: Andrea Brentan

Competitors:
Edison
E.ON
SUEZ-TRACTEBEL

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